Acceptable Insurers definition

Acceptable Insurers. All policies will be issued by insurers with a Best’s Rating of X- 00 or better. Self-Insurance – Upon evidence of financial capacity satisfactory to the City of Nashua and Contractor’s agreement to waive subrogation against the City of Nashua respecting any and all claims that may arise, Contractor’s obligation hereunder may be satisfied in whole or in part by adequately funded self- insurance.
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Acceptable Insurers means (a) any insurer or reinsurer which is regulated by regulators within the EEA and the United Kingdom after Brexit, the United States of America, Canada, and has a credit rating of A- or above from Standard & Poor’s Corporation, A. M. Best, Moody’s or Fitch or (b) which have been approved by the Grantor;
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Examples of Acceptable Insurers in a sentence

  • Acceptable Insurers and Deductibles: Insurance coverage required under the Contract shall be obtained from insurers rated A-VII or better in the latest Bests Rating Guide and in good standing and authorized to transact business in Idaho.

  • Acceptable Insurers and/or Reinsurers will not include in their application, or at any time prior to the act of Contractor selection, reveal to the ACP or any of its employees the identity of the Company or tenderer for whom the review is being requested and acceptance of the reinsurance structure, nor the exact value of the bond proposed to be issued.

  • The Acceptable Insurers and/or Reinsurance companies may only issue bid bonds in favor of the ACP, a minimum of fifty per cent (50%) of the most recent Adjusted Technical Net Worth, published by the Insurance Superintendence of the Republic of Panama in their quarterly report, for the period during which the bond is to be issued.

  • The above coverage requirements can be met by obtaining flood insurance from private flood insurers or from insurers providing policies under the NFIP, or any combination thereof.Policies issued by private flood insurers must meet the minimum requirements for Acceptable Insurers identified in Section 31.3. Policies issued by insurers participating in the NFIP, as well as those insurers authorized to participate in the NFIP’s Write Your Own program, are acceptable.

  • Food or drink may only be consumed in the Dining Room or outside.

  • Group 4 comprises objections from areas to the north of the Park.

  • Acceptable Insurers and/or Reinsurers may only issue bonds for the ACP using co- guarantors, subject to up to five (5) co-guarantors per bond who have the same requirements, rights and obligations, but are responsible for up to the individually subscribed amount.

  • Acceptable Insurers and/or Reinsurers may only issue bonds for the ACP for up to fifty percent (50%) of their most recent adjusted technical reserves published by the Insurance and Reinsurance Superintendency of the Republic of Panama in the quarterly report in force during the period in which the bond is issued.

  • Acceptable Insurers and/or Reinsurers may issue bonds up to a maximum of ten percent (10%) of the most recent adjusted technical reserves published by the Insurance and Reinsurance Superintendency of the Republic of Panama in the quarterly report in force during the period in which the bond is issued.

  • Acceptable Insurers and/or Reinsurers accepted by the ACP for the reinsurance must have a long-term international credit rating that is not below “A-“ from A.M. Best ,“A-” from Standard & Poors (S&P), or “A3” from Moody’s Investor’s Service or “A-” from Fitch Ratings.

Related to Acceptable Insurers

  • Acceptable Insurance Default shall have the meaning assigned to such term or analogous term in the Servicing Agreement.

  • Acceptable Bank means (a) a bank or financial institution which has a rating for its long-term unsecured and non credit-enhanced debt obligations of A- or higher by S&P or A2 or higher by Xxxxx’x or a comparable rating from an internationally recognized credit rating agency; or (b) any other bank or financial institution approved by each Agent.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Title insurance agent means an agent licensed in this Commonwealth to solicit, negotiate, procure,

  • Insurers means the underwriters or insurance companies with whom any Insurance is effected and the manager of any protection and indemnity or war risks association in which the Vessel may at any time be entered;

  • Acceptable means the Authority has reviewed the method, procedure, or policy and has neither objected to nor approved its proposed use or implementation.

  • Required Insurances means collectively the Project Facility Insurances and the Contractor Insurances.

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Required Insurance shall have the meaning provided in Section 9.03.

  • Qualified Insurer A mortgage guaranty insurance company duly authorized and licensed where required by law to transact mortgage guaranty insurance business and approved as an insurer by Xxxxxx Xxx or Xxxxxxx Mac.

  • Acceptable Waste means ordinary household, municipal, institutional, commercial and industrial Solid Waste including, but not limited to, the following:

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Acceptable Flag Jurisdiction means the Bahamas, Bermuda, Panama, the Xxxxxxxx Islands, the United States or such other flag jurisdiction as may be acceptable to the Required Lenders in their reasonable discretion.

  • Domestic insurer means an insurer organized under the laws of this state.

  • Title Insurance Company as defined in Section 5.1(l).

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • Applicable Insurance Regulatory Authority means the insurance department or similar insurance regulatory or administrative authority or agency of the jurisdiction in which the Company is domiciled.

  • Group of insurers means those licensed insurers included in the reporting requirements of chapter 13, or a set of insurers as identified by management, for the purpose of assessing the effectiveness of internal control over financial reporting.

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Approved Insurer Each insurance policy shall be issued by insurance companies authorized to do business in the State of Nevada or eligible surplus lines insurers under federal and Nevada law and having agents in Nevada upon whom service of process may be made, and currently rated by A.M. Best as “A-VII” or better.

  • A.M. Best A.M. Best Company, Inc. or its successors in interest. If neither A.M. Best nor any successor remains in existence, “A.M. Best” shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer and specific ratings of A.M. Best herein referenced shall be deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party so designated.

  • Title Insurance An American Land Title Association (ALTA) mortgage loan title policy form 1970, or other form of Title Insurance Policy acceptable to FNMA or FHLMC, including all riders and endorsements thereto, insuring that the Security Instrument constitutes a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.

  • Acceptable Collateral means any of the following assets of Borrower, if (x) held in or credited to any Collateral Account subject to a first priority Lien under the applicable Security Agreement and (y) the Collateral Requirement has been satisfied with respect thereto: